Media releases

Application for listing on NASDAQ SmallCap Market

Details

Published: Monday, 26 February 2001 02:00

DURBAN ROODEPOORT DEEP, LIMITED (NASDAQ: DROOY) In December 2000, Durban Roodepoort Deep, Limited received notice from the Nasdaq Stock Market of Nasdaq’s intention to de-list the Company’s securities from the Nasdaq National Market on 20 February 2001, due to the fact that its American Depositary Shares have consistently traded blow the required minimum bid price of $1.00. 019/01-jd

DURBAN ROODEPOORT DEEP, LIMITED (NASDAQ: DROOY) In December 2000, Durban Roodepoort Deep, Limited received notice from the Nasdaq Stock Market of Nasdaq’s intention to de-list the Company’s securities from the Nasdaq National Market on 20 February 2001, due to the fact that its American Depositary Shares have consistently traded blow the required minimum bid price of $1.00.

Earlier this month, the Company decided to voluntarily remove its securities from the Nasdaq National Market and apply for listing on the Nasdaq SmallCap Market. The Company’s application for listing on the Nasdaq SmallCap Market was approved today and is effective as of the opening of business on February 26, 2001.

Enquiries:

Maryna Eloff
Tel: +27 11 482 4968 (o)
Mobile: +27 82 372 5816